The Maine Department of Economic & Community Development (DECD) in partnership with the Maine Small Business Development Centers (SBDC) will provide grants of up to $5,000 for businesses with five or fewer employees, with an owner whose income is in the low to moderate range as defined by the Department of Housing and Urban Development (HUD).

How to Apply?

Funds are available on a first-come, first-serve basis. Business owners must meet with a Maine SBDC business advisor to determine eligibility and submit an application. Connect with a business advisor here.

How can the grant be used? 

Businesses may use the grant money for working capital which includes fixed debts, payroll, accounts payable, and other bills that can’t be paid due to the disaster’s impact. 

How much can I apply for?

Businesses can apply for grants up to $5,000. You must demonstrate revenue loss as a direct consequence of COVID-19. Funds cannot duplicate those received from other federal, state, or local programs (including other CDBG programs).